Mar 18, 2013 4:00am PDT
specific stance, it's a wealth effect-type stance, it's a very low- interest-rate environment, and i think that investors feel that the only real value right now, the only real place to put their money, is stocks; and clearly the perception of value is to the upside, otherwise we wouldn't have closed on highs on friday. > ben, have a great trading day. thank you. > > my pleasure. thank you. carnival cruise lines faces at least four lawsuits, inlcuding a class-action suit, after thousands of passengers were adrift for five days aboard a disabled carnival cruise ship last month. since then, three more carnival cruise ships have reported operational problems to either online systems or their backups, all of which coincides with carnival scaling back projected earnings. four incidents aboard carnival cruise ships in little more than a month led sandra thompson to cross carnival off her list for her next trip. "originally, i considered carnival because it was the least expensive; but after all this, i decided it's worth the extra money, and so royal carribbean is what i'm looking at now." carni
Mar 20, 2013 4:00am PDT
've got to think of leadership right away. the owner's leadership job is to make the environment possible for success for his employees. in other words, if he is making goals or making objectives, he or she has really got to make sure they have the tools and the training to make those goals achievable. the other thing that is important in this is that processes operate the business, and it's the people who operate the processes. and why that is important is because over time - six months, a year - the market changes, your customer demands change, your business changes; and you have to have processes and procedures that keep up with that change, so they have to be constantly updated, worked on, and reviewed. > another key point you talk about is keeping the motivation level high for your employees. let's talk about some of the external things that you're talking about. > > i think the external side really comes down to product and marketing. the first thing, you are your product, and you have to make sure that not only is it attractive and priced competitively, it is exactly what the custo
Mar 21, 2013 4:00am PDT
continued to hold firm or even uptick in this environment so we're not seeing that capital that is so vested in that market move into the equities. so we're gonna keep an eye on that. > >thank you jeff. fed chair ben bernanke made note of some economic strides -- following a two-day fed meeting..... bernanke told reporters there have been improvements in the labor market, and moderate economic growth. he adds, the bond buying program will remain in place, until there is a larger drop in unemployment. but when we see that the conditions -- or the situation has changed in a meaningful way, then we may well adjust the pace of purchases in order to keep the level of accommodation consistent with the outlook and, secondly, to help provide the markets with some sense of progress -- how much progress is being made so that it can make better judgments. bernanke avoided commenting. whether he will stay on for another term, only stating he talked to president obama about it "a bit." and regarding cyprus, the fed chair calls the situation "difficult" but not a risk to the u.s. financial system.
Mar 22, 2013 4:00am PDT
of a traditional - some might even stay healthy - environment to be trading in? > > sure. yes. i think that what we were seeing was somewhat inefficient, if you will; although, again, for anyone who was long, they were certainly enjoying it, and short-sided activity was paying the price, but it wasn't really efficient in terms of that two- sided activity. we are seeing much more two-sided anticipation right now. again, though, as i mentioned, it has been a little bit heavily weighted to the sell side, which is completely unusual for what we are used to seeing, even, for the most part, throughout this whole year. really the last few months have just been about upside activity and all about buy-side activity. so, we are actually seeing some rotational type trade occurring here, and we are seeing some activity, again as i mentioned, across the board, other major markets are starting to take notice. > all right, you have a good final day of the week trading today. > > thank you, you too. > thanks ben. more than pay, being a ceo is pay dirt. already a sore spot with the public, ceo compensation is getti